Asian Paints Ltd

Asian Paints Ltd is an Indian Multinational paint company which is headquartered in Mumbai, Maharashtra, India. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. Asian Paints is India’s largest and Asia’s third largest paints corporation. Asian Paints is the holding company of Berger International. The company’s manufacturing operations encompass 15 countries of the world including India, with considerable presence in South Asia and the Middle East.

Asian Paints manufactures wide range of paints for Decorative and Industrial use. In Decorative paints, Asian Paints is present in all the four segments: Interior Wall Finishes, Exterior Wall Finishes, Enamels and Wood Finishes.  It also offers Water proofing, wall coverings and adhesives in its product portfolio.

The company has recently launched ‘Viroprotek’ range of hand, Surface and space sanitizers and disinfectants.  It is also offering ‘San Assure’ a sanitization service and ‘Safe Painting’ service for its customers. Asian Paints has also recently launched range of Furniture, Furnishings and Lighting Products under three brands – Nilaya, Royale and Ador, thus offering wide spectrum of offerings in the ‘Home Décor’ category. It has also launched ‘Beautiful Homes Service’ – an exclusive end-to-end solution that provides consumers a personalized interior design service with professional execution to create their dream homes.

Their shareholding pattern consists of Promoters and Promoter Group having 52.79% of shares, Public having 19.48% shares, Government having 0.08% following by FII’s having 20.38% shares and DII’s with 7.27% shares.